AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
Soybeans higher w/ contract highs in meal. Technical selling in wheat w/ moisture in HRW areas held back corn. Deferred cattle hit more contract high w/ strong cash. John Heinberg, Total Farm Marketing has more.
USDA issued a proposed rulemaking on Monday that would effectively close the “Product of the U.S.A.” loophole that has been in effect since the repeal of COOL in 2015.
Several federal agencies are working together on competition issues in the seed sector as part of a broader Biden administration push to enhance competition in agriculture.
Russia badly needs to replace expended and outdated Soviet arms while China needs Russian energy. That is compelling math. This is bad news not just for the heroic people of Ukraine, but Europe and the US.
BASF announced it’s halting the development of hybrid wheat in North America, a move NAWG fears could ultimately drive wheat acres out of the U.S., unless more public and private investments into R&D are made.
By requesting consultations, the U.S. Trade Representative began a process to come to a settlement on ag biotechnology imports to Mexico. If a settlement is not reached, the issue will move to a full-blown trade dispute.
Besides record wheat production, the canola crop was also the largest ever and barley production was the third highest.
Soybeans up with new highs in meal, but wheat is pulling down the corn. Cattle higher with strong cash, but hogs can’t get traction with lagging cash and cutouts. Mark Schultz with Northstar Commodity has more.
Technical selling in corn & wheat, report positioning and hope on the Black Sea Export deal. Soybeans rebound w/meal making new highs on Argentina crop concerns. Cattle up with strong cash. Profit taking in hogs.
Brazil became the second country in the world after Argentina to approve planting of GMO wheat, following a decision by the nation’s biosecurity agency CTNbio.